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Tezos’ co-founder Arthur Breitman says side-chains are tricky and difficult



In the event of Tezos’ first-ever on-chain upgrade, Arthur Breitman, the Co-Founder of Tezos, spoke with the popular crypto influencer Naomi Brockwell about the upgrades made on-chain versus implementation of the same on a second layer. Breitman said that the latter was “not stringent enough” and could be easily corrupted.

He went on to state that side-chains were tricky and added that layer 2 was difficult. According to the Co-Founder, deploying an on-chain upgrade implied “protecting the values in the system”.

In the case of Bitcoin, Breitman cited that if a system was open to changes, it became highly susceptible to the infusion of “bad stuff” by fraudulent actors in the network. Taking into account the upgrade protocols surrounding Bitcoin, the Co-Founder

asserted that the protocols were bound with “strong cultural norms”. He added that the changes [if any] were very minimal and “uncontroversial” for the largest digital currency. Brockwell also added that any larger or significant network upgrade in Bitcoin would “necessitate a hard fork”.

In terms of protecting the network against corruption by malicious entities, Breitman believed that upgrades leading to Bitcoin hard fork had fairly “worked” for the digital coin. However, admitting the potential issue in the system, he stated,“The problem is that then you also give up on the ability of having more meaningful changes.”

Taking a jibe at Bitcoin enthusiasts, Breitman said that those who considered smart contracts “useless” had “sour grapes”. The creator also reflected on Tezos’ network and its first self-amendment and stated that the system evaded “external interference” and accommodated innovation simultaneously.



Tezos Has Released a Free-for-All XTZ Faucet



The Tezos Foundation has launched a cryptocurrency faucet to dispense a small stream of XTZ tokens to users.

The funds in the faucet are intended for testing and development purposes, according to the site. And while there are limits, the faucet’s home page invites normal users to claim funds as well.

Unlike some other faucets, Tezos’ faucet dispenses XTZ tokens that are worth real money. Or, as the faucet’s main page puts it: “This is real (mainnet) tez and has a market value…Please drink responsibly.”

It’s not clear why Tezos is giving away money, but it’s hard to complain when the project is paying out of its own pocket.

The Return of Faucets?

There are several limits in place to prevent users from taking more than their fair share.

Tezos’ faucet pays out 0.01 XTZ (1.5¢) per request. It also prevents users from claiming more than once per day based on their IP and wallet addresses. Tezos adds that it may change those limits at any time, or discontinue the faucet entirely.

Despite these

restrictions, one request gave us enough tokens for a test drive.

We were easily able to stake 0.01 of XTZ via the Tezbox online wallet. Thanks to Tezos’ low transaction fees, we were also able to send the funds to an existing address for free, though sending those funds to an empty wallet would have come with a cost.

It should be noted, that most official faucets payout testnet tokens with no real value other than they can be used to test various dApps. Meanwhile, third-party faucets payout real crypto but have high payout thresholds.

Neither of these approaches is much like Gavin Andresen’s original faucet, which gave away Bitcoin with no strings attached in 2010.

Tezos can afford to be generous, but if users find a way to exploit the system, the faucet may not last for long. As an example, Stellar shut down its recent airdrop in December after fake accounts tried to claim funds.

Though Stellar’s airdrop was more profitable than Tezos’, zero-barrier giveaways may no longer be practical.

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Future Forecast For Tezos (XTZ) Price 2020 | 2025 | 2030



Tezos price prediction is one of the most popular search terms since XTZ wreaked havoc among crypto bears in the last part of 2019.

Before we dive into the nuts and bolts of this Tezos price prediction, let’s quickly check what is XTZ all about.


Tezos Intro

Tezos is a novel blockchain, another “Ethereum killer” that was first proposed in a paper released in Aug. 2014 with more specifics announced in a whitepaper released in Sept. 2014. The Tezos blockchain is designed with a focus on on-chain governance, allowing token holders to vote for proposed changes to functionality in order to avoid forking the network.

In 2015 the founders, Kathleen and Arthur Breitman established a company called Dynamic Ledger Solutions which was responsible for writing the initial code for Tezos. At the core of this codebase is a self-amending protocol, a system to formalize proposing, voting for, and implementing changes to the functionality of the network. Once a proposal has been made holders of Tezos (XTZ) tokens are able to vote with a weighting of one vote per token.

Tezos blockchain uses a modified version of a delegated proof-of-stake (DPoS) system where stakers, called bakers within the network, can lock up their tokens in exchange for the ability to validate blocks. In Tezos more liquid DPoS system users are able to “delegate” tokens to bakers without transferring ownership. Rewards for validating blocks are distributed to bakers in the form of new XTZ tokens with a proportional amount of the reward distributed to wallets that have delegated tokens to the baker. This enables smaller token holders to participate in the validation (and reward) process if they hold less than the required amount to become a full baker.

Tezos Roadmap 2020

Tezos follows a path of radical decentralization which in essence means that they don’t have anything official – no roadmap, no leaders, no marketing, no central point for anything we are accustomed to from traditional markets.

Our XTZ Token Price Prediction for 2020

Overall, the price change of any altcoin token is explained by the dynamics of the bitcoin-influenced market. However, there are also fundamental reasons for the individual token rise and fall in price, which can be pinned down to a big tech upgrade or more often, big partnership.

The majority of projects will fail — some startups are created just to gather funds and disappear, some would not handle the competition, but most are just ideas that look good on paper, but in reality, are useless for the market. 

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Vitalik Buterin, co-founder of Ethereum said:

“There are some good ideas, there are a lot of very bad ideas, and there are a lot of very, very bad ideas, and quite a few scams as well”

Tezos Coin (XTZ) Future Outlook

However, not all projects have the same chance of failing (risk), nor do they have the same potential upside (reward).

As a result of ICO teams’ incompetence and lack of integrity, fueled by basic human instinct that is greed and crypto investors’ naivety, over 95% of successful ICOs and cryptocurrency projects will fail and their investors will lose money. The other 5% of projects will become the new Apple, Google or Alibaba in the cryptoindustry. Will XTZ be among those 5%?

It stands a good chance of doing so.

Due to the scalability, problems with smart contracts and formal verification plaguing Ethereum, Tezos has a great opportunity to become the dominant chain in the cryptocurrency ecosystem. Through it’s self amending protocol, Tezos will be able to upgrade and evolve over time which is a strong characteristic of a 3rd generation blockchain. However, when we consider that even Ethereum is a highly experimental technology, Tezos’ completely unproven approach to blockchain and protocol development is a double-edge sword.

Tezos, as a project, is also extremely well-funded from the Tezos Foundation which is sitting on a pot of nearly $500 million according to recent disclosures back in October 2018.

History has shown that truly innovative technology always takes longer to develop, costs more to fund, and is frequently doubted before officially coming to market. Despite XTZ having been around for quite some time (~2 years, or 200 years in crypto-years), the innovative efforts and challenges Tezos is taking head on are easily some of the biggest in the crypto world. Patience is a virtue…

However, before we can expect Tezos to see large adoption, it’s fair to say the broader crypto world will need to see some adoption of its own. It’ll take time, an effective marketing campaign, greater awareness, further development, and meaningful partnerships to exist before one can expect a ramp in adoption.


makes Tezos one of the most intriguing projects to have in your portfolio – the upside is huge but the risk is even bigger. Investment in XTZ makes sense only on a very long time scale and proper expectation management – it could easily end ingloriously.

All of this summed up means one thing: XTZ might live through couple of orchestrated and, for a regular trader, completely unpredictable pumps but the majority of time will be murky sideways trading with small volume and no significant interest from the market.

Price will heavily depend on what BTC will do and since many analysts think BTC will not be making big moves in this year, it is hard to expect XTZ will do them either. The price will probably stagnate and record slow-moving depreciation or appreciation depending on the team activity, potential technological breakthrough or high-level partnership.

Market prediction for Tezos – XTZ Price 2020

With the market being completely unpredictable, forecasting the cryptocurrency price is really more of a gamble and luck rather than a data driven guesstimate.

Let’s throw a glance at the eminent publications and personalities, and their predictions regarding the XTZ price, which will give us another point of view to consider:

CryptoGround is cryptocurrecy prediction algorithm that is moderately to overly bullish on most of coins, similarly on XTZ token as well. They forecast XTZ to stay around the current level of around $1.22 per token by EOY.

Wallet Investor

Walletinvestor is a popular website that does technical analysis-based price predictions of various cryptocurrencies and traditionally has a skeptical outlook for most coins, but not so for XTZ. According to them, XTZ is expected to surge by almost 3x – from the current $1.33 to $3.17 by the end of the year.

Trading Beasts

Trading beasts is on a diametrically opposite side of Walletinvestor and sees a much more bullish future for Tezos token. Their algo forecasts that XTZ can ascend to around $1.82 within a year which means it will essentially grow 1.5x in value in the next year.


Another crypto prediction algorithm that is most conservative in its approach of the 4 we enumerated here – DCP usually predicts price to hover around the same level as the current state, forecasting a twofold increase or reduction for certain coins. XTZ is on the bullish side of their algo that sees it reaching $2.67 per coin by December 2020.

Tezos Coin Future: 2023, 2025, 2030

XTZ Price Prediction 2023

XTZ has been one of the biggest ICOs that collected a whopping $232 million during the 2017 crypto frenzy that spawned thousands of new coins. However, the road to somewhat stable crypto project was bumpy but unlike many other vaporware projects, XTZ team kept working on their product and the project seems to have some sort of future, despite facing some bad PR due to infighting and power struggles. In 2023, once the market wipes out the worthless projects, XTZ might jump into spotlight and top 10 coins ranks which could see the XTZ token price go up to its all time high levels of $11per coin.

XTZ Price Prediction 2025

If XTZ lives long enough to see 2025, that would mean the project stood the test of time, delivered the planned product and has a stable, growing user base. All of this would lead to the token being worth at least 10-100x than its hitherto all time high. That would mean XTZ would cost $110-1100 per coin.

XTZ Price Prediction 2030

Again, if XTZ lives long enough to see 2030, that would mean the project stood the test of time, delivered the planned product and has a stable, growing user base. All of this would lead to the token being worth at least 100x+ than its hitherto all time high. That would mean XTZ would cost $1100+ per coin.

Realistic XTZ Price Prediction

Predicting prices of novel, highly volatile and risky asset classes is a thankless task – best answer is no one knows. Educated guess is that realistic XTZ price for the foreseeable future is somewhere between its current price and its all time high.


We don’t yet know which crypocurrencies will make it out of the crypto winter we’re wandering in right now. There are plenty of coins that stand a good chance of weathering the crypto storm and perhaps becoming more relevant as the market contracts and devours some of the weaker projects. However, there are even more of those projects who are already dead but no one noticed yet.

But, looking at things from this point in time and place, it’s reasonable to say that Tezos is standing in a better position than many of its competitors.

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Tezos Breaks Out of Corrective Phase, Aiming for Higher Highs



In the last few hours, Tezos broke out of a bearish trend it endured since mid-December 2019. Now, technical indicators show XTZ aiming for higher highs.

Tezos Technical Analysis 

On Dec. 13, Tezos peaked at a high of $1.86. Since then, this cryptocurrency entered a corrective phase that saw its price decline by nearly 35%. XTZ went down to reach a low of $1.21 on Jan. 2. 

Throughout the bearish trend, Tezos was contained within a descending parallel channel. Every time this crypto plunged to the bottom of the channel, it went up to hit the top, and from this point, it dropped again ⁠— primary characteristics of a channel.

On Jan. 6, however, XTZ finally broke out of the descending parallel channel. Although the bullish impulse was not followed by an increase in demand, the recent retest of the upper boundary of the channel seems to have triggered a spike in the buying pressure behind this coin.

Tezos surged nearly 12% in the last 25 hours. The upswing allowed it to make a higher high for the first time since the corrective period began in

mid-December 2019.

XTZ/USD chart by TradingView
XTZ/USD by TradingView

Now, a golden cross formed on XTZ’s 12-hour chart signaling a further advance. This technical pattern developed as the 7-twelve-hour moving average crossed above the 30-twelve-hour moving average. Some of the most prominent technical analysts see this pattern as one of the most definitive buy signals that could start a new upward trend.

XTZ/USD chart by TradingView
XTZ/USD by TradingView

If Tezos is indeed bound for a bullish impulse, it could find strong resistance around the 38.2% Fibonacci retracement level, which sits at $1.44. Closing above this price hurdle could trigger an increase in buy orders. XTZ could climb up to the 23.6% Fibonacci retracement level at $1.60. 

XTZ/USD chart by TradingView
XTZ/USD chart by TradingView

Nonetheless, a drop below the 50% Fibonacci retracement level could invalidate the bullish outlook. Such a bearish push could ignite a sell-off that takes this crypto to the $1.17 support area.

Overall Sentiment

The recent rally seen across most cryptocurrencies in the industry pushed the market sentiment out of the “fear” zone, according to the Crypto Fear and Greed Index. The change in perspective allowed many cryptos, including Tezos, to begin a new upward trend. As investors and sideliners begin to enter the market, the capital inflow could send XTZ into higher highs.

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